{"id":46941,"date":"2017-10-11T11:31:36","date_gmt":"2017-10-11T11:31:36","guid":{"rendered":"https:\/\/www.biphoo.com\/bipnews\/?p=46941"},"modified":"2017-10-11T11:31:36","modified_gmt":"2017-10-11T11:31:36","slug":"honeywell-spins-off-units-worth-7-5-billion-in-sales-keeps-aerospace","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/business\/honeywell-spins-off-units-worth-7-5-billion-in-sales-keeps-aerospace.html","title":{"rendered":"Honeywell spins off units worth $7.5 billion in sales keeps aerospace"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"font-size: 14pt\"><strong><span style=\"font-family: Arial, Helvetica, sans-serif;color: #000000\">Honeywell spins off units worth $7.5 billion in sales keeps aerospace<\/span><\/strong><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 12pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">Honeywell spins off units worth $7.5 billion in sales keeps aerospace, U.S. manufacturer Honeywell International Inc will spin off its home and ADI global distribution business and transportation systems into two independent, publicly-traded companies by the end of 2018, the company said on Tuesday.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 12pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">Honeywell said the two businesses were together worth $7.5 billion in annualized sales. The changes defy calls by one of its shareholders, activist hedge fund Third Point LLC, to spin off its aerospace division.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 8pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">Source:http:\/\/www.reuters.com\/article\/us-honeywell-spinoff\/honeywell-spins-off-units-worth-7-5-billion-in-sales-keeps-aerospace-idUSKBN1CF17L<\/span><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/business\/honeywell-spins-off-units-worth-7-5-billion-in-sales-keeps-aerospace.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Honeywell spins off units worth $7.5 billion in sales keeps aerospace Honeywell spins off units worth $7.5 billion in sales keeps aerospace, U.S. manufacturer Honeywell International Inc will spin off its home and ADI global distribution business and transportation systems into two independent, publicly-traded companies by the end of 2018, [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":46951,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[75300,24235,24234],"class_list":["post-46941","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-honeywell-spins-off-units-worth-7-5-billion-in-sales-keeps-aerospace","tag-latest-business-updates-and-usa-news","tag-top-usa-latest-business-and-regional-news"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/46941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=46941"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/46941\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/46951"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=46941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=46941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=46941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}